Bill Ackman turned $27 million into $2 billion betting against the corporate bond market. Time and time again he has proven the doubters wrong. Full disclosure, Ackman was a personal mentor of mine several years ago. Naturally, my opinions about him are slightly biased. For more information check out www.myalphalens.com. Our team provides access to weekly research reports. Never miss another major trade ideas!
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credit default swap - 2.6 million
leveraged - retail investor - over multiple years - trade, OTC market, private
Incredible bet, CNBC, unwind ... his purchase of starbuck, 7 positions, offset the risk, another bet on collateral, credit default ...
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